Accuracy of Rental Tools for Utah
Hi, so I was looking through some properties in the SLC area and a lot of times the owner claims that it rents out for a lot more than the value that the Bigger Pocket Tools indicates. I'm also looking at the available rentals and there seems to be a big difference. It says a property of mine in Sandy can rent out for $2000 a month, but I am seeing duplex, smaller rental properties, and even homes in West Jordan listed for way more. I am wondering if the rental tool on bigger pocket is accurate and if not what do you guys use to determine rental value when you are buying a rental home investment?